Note 4. Stockholders' Equity

9 Months Ended

Sep. 30, 2015

Notes

Note 4. Stockholders' Equity

Note 4. Stockholders’ Equity

Recent Issuances

Common shares issued to acquire future interest in real estate

On July 31, 2015, the Company through its Delaware wholly-owned subsidiary, USA Equities Trust, Inc., entered into an Asset Purchase Agreement with an unaffiliated third party, Green US Builders, Inc., a Delaware corporation for the purchase of a mixed-used investment property located in Bridgeport, consisting of five retail stores and five apartments. At the end of October, the parties decided to rescind the transaction because of the inability to fulfill certain representations regarding the status of the property. The seller, who was issued 2.4 million shares in consideration for the asset, is negotiating with the company to replace the asset with a property of equal value. The shares were valued at $0.27 per share or $648,000, the closing bid at July 31, 2015. The shares have been carried as a common stock subscription receivable at September 30, 2015.

Common shares issued on conversion of debt

On July 31, 2015, our CFO and control shareholder converted $2,500 in principal amount of the $76,000 note into 2,500,000 restricted shares of common stock. The Company recorded a loss on conversion of $672,500 during the three month ended September 30, 2015 in relation to the conversion of the $2,500 in principal amount.